Company Valuation: RFM Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 15,331 15,331 12,130 10,109 13,040 16,005
Change - 0% -20.88% -16.67% 29% 22.74%
Enterprise Value (EV) 1 12,541 11,851 9,683 7,464 8,596 11,401
Change - -5.5% -18.3% -22.91% 15.17% 32.63%
P/E 12.1x 11.7x 11.3x 7.98x 9.21x 9.9x
PBR 1.22x 1.15x 0.9x 0.69x 0.88x 1.04x
PEG - 3.24x -0.6x 0.4x 0.8x 0.7x
Capitalization / Revenue 0.98x 0.91x 0.63x 0.49x 0.6x 0.72x
EV / Revenue 0.8x 0.7x 0.5x 0.36x 0.4x 0.51x
EV / EBITDA 5.49x 5.35x 5.46x 3.69x 3.61x 4.48x
EV / EBIT 6.92x 6.91x 7.15x 4.95x 4.91x 6.05x
EV / FCF 10.4x 5.7x 27.8x 22.9x 4.25x 12.7x
FCF Yield 9.6% 17.5% 3.6% 4.38% 23.5% 7.86%
Dividend per Share 2 0.2099 0.2406 0.2406 0.2226 0.371 0.4748
Rate of return 4.61% 5.29% 6.68% 7.42% 9.59% 10%
EPS 2 0.3751 0.3886 0.3172 0.3759 0.42 0.48
Distribution rate 56% 61.9% 75.8% 59.2% 88.3% 98.9%
Net sales 1 15,701 16,880 19,386 20,681 21,729 22,332
EBITDA 1 2,286 2,214 1,774 2,021 2,380 2,543
EBIT 1 1,813 1,716 1,355 1,509 1,752 1,885
Net income 1 1,286 1,309 1,069 1,267 1,424 1,618
Net Debt 1 -2,790 -3,480 -2,448 -2,645 -4,444 -4,604
Reference price 2 4.550 4.550 3.600 3.000 3.870 4.750
Nbr of stocks (in thousands) 3,369,549 3,369,549 3,369,549 3,369,549 3,369,549 3,369,549
Announcement Date 22/04/21 19/04/22 17/04/23 15/04/24 15/04/25 15/04/26
1PHP in Million2PHP
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 284M
21.86x2.95x14.5x3.75% 261B
19.85x2.54x15.12x3.22% 81.43B
16.72x1.73x9.84x3.75% 44.84B
14.82x0.53x9.51x2.6% 38.62B
20.59x3.13x12.73x3.4% 34.09B
34.67x3x17.5x1.07% 30.83B
26.06x5.42x17.27x3.22% 29.7B
-8.74x1.88x9.42x6.47% 29.41B
Average 18.23x 2.65x 13.24x 3.44% 61.13B
Weighted average by Cap. 19.88x 2.71x 13.80x 3.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - RFM Corporation

Historical PBR trend

Valuation ratios - PBR - RFM Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - RFM Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - RFM Corporation

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